TestEquity LLC
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TestEquity LLC - overview
Established
1971
Location
Moorpark, CA, US
Primary Industry
Electronics
About
TestEquity LLC is a provider of testing and measurement solutions, specializing in advanced equipment for engineering and electronic testing across various sectors. Their offerings enhance product reliability and performance. Founded in 1971, TestEquity LLC is based in Moorpark, California, US. The company focuses on testing and measurement solutions.
It has engaged in 8 deals, with the most recent deal occurring on December 29, 2021, when it merged with Lawson Products, Inc. The company is led by CEOs Dan Copsey, Russ Frazee, and Steve Newland. TestEquity specializes in a wide range of testing and measurement solutions, catering to engineering and electronic testing needs. Their core product lineup includes the Siglent SDS3104X Mixed Signal Oscilloscope, which features four analog channels and a bandwidth of up to 1 GHz, and the LinkIQ Duo, known for its high-performance testing capabilities for cables, networks, and Wi-Fi.
The company serves various clients, including laboratories, educational institutions, and manufacturing facilities, primarily in the United States but also expanding internationally. TestEquity emphasizes innovation by offering customized solutions such as rental services and logistics support. TestEquity generates revenue through direct sales of testing equipment and services, along with rental agreements tailored to client needs. Its transactions generally follow a B2B model, where businesses procure testing instruments for applications such as calibration and assessment.
They offer both one-time purchases for flagship products like the Siglent SDS3104X and ongoing service agreements, fostering long-term client relationships while ensuring a consistent revenue flow from product sales and service contracts. Looking forward, TestEquity plans to expand its product offerings and enter new markets. The recent merger with Lawson Products aims to leverage combined strengths and widen market reach. Funding from the December 2021 deal is expected to bolster these initiatives, positioning the company for growth in innovative solutions and geographic expansion.
Current Investors
Distribution Solutions Group, Inc.
Primary Industry
Electronics
Sub Industries
Equipment Rental & Leasing, Dermatology, Logistics & Distribution, Electronics
Website
www.testequity.com
Company Stage
Merged
Total Amount Raised
Subscriber access only
TestEquity LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Corporate Carve Out | Announced | ConRes Test Equipment | - | ||||||||
| Add-on | Completed | National Test Equipment, Inc. | - | ||||||||
| Merger | Completed | GS Operating, LLC, TestEquity LLC | - | ||||||||
| Secondary Buyout | Completed | TestEquity LLC | - | ||||||||
| Add-on | Completed | JENSEN Tools + Supply, Inc. | - |
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